Seibels Announces Gulfstream’s Expansion into Mississippi

COLUMBIA, SC – Seibels is pleased to announce that Gulfstream Property and Casualty Insurance Company, a Florida-based homeowners insurance company utilizing Seibels processing software, has expanded its business, now offering insurance coverage to homeowners, condominium-unit owners and renters in Mississippi.

Gulfstream, a Seibels client since 2005, implements Seibels’ leading processing system, IPX Enterprise Insurance Suite. With a secure and scalable web-based platform, IPX handles all of Gulfstream’s administration, billing and claims needs. From policy life-cycle administration and reporting to document management and claims administration, IPX is engineered to create a proficient workflow environment that promotes efficient operations and lowers costs.

“As Gulfstream grows, our success depends greatly on our ability to grow and evolve the systems and technology that support our operations. Migrating to Seibels’ IPX Enterprise System will help us increase productivity, enhance efficiencies, and deliver a better customer experience for our agents and policyholders,” said Gulfstream President and CEO Mitch Sattler.

“We are proud to provide Gulfstream with our state of the art services and solutions, all of which are backed by deep insurance experience and knowledge,” Seibels President Michael A. Culbertson said. “As always we make it a number one priority to offer exceptional customer service. We value our relationship with Gulfstream, and look forward to the company’s future development and expansion.”

About Gulfstream

Gulfstream Property and Casualty Insurance Company insures more than 50,000 families throughout Florida, Louisiana and Mississippi, providing homeowners, condominium-unit owners, renters and dwelling fire insurance coverage. Gulfstream is a Florida-domiciled company founded in 2004 and owned by New Holdings, Inc., a privately-held corporation. Launching operations in Florida in 2004 and later expanding to Louisiana in 2010, Gulfstream has continually maintained a Financial Stability Rating of A, Exceptional from Demotech. Gulfstream management includes seasoned insurance professionals with vast experience in insurance. For more information, please visit www.gspcic.com.

About Seibels

Seibels is an insurance industry provider of technology solutions, business process and hosting services, and claims administration services. From its start as a fire and life insurance company in 1869, Seibels has evolved and prospered over the past 140+ years. By leveraging its strong combination of insurance industry and technology expertise, Seibels helps today’s property and casualty insurers achieve operational efficiency. Seibels recognizes the value of quality customer service, strong client relations, continuous innovation and integrity. For more information, please visit www.seibels.com.